Pot group predicts $1B in Nevada tax revenue over 7 years

10/26/18–The state of Nevada could reap more than $1 billion from marijuana production, processing, and robust sales during the first seven years of recreational pot sales, according to an industry group’s economic analysis released Friday. The 33-page report was made public just weeks after state officials reported first-year taxable pot sales totaled almost $530 million, exceeding expectations by some 40 percent. Nevada received just under $70 million in tax revenues on that figure. Read